Third India-Pacific Islands Cooperation (FIPIC) Summit in Papua New Guinea on May 22, 2023

 Third FIPIC Summit

The Third Forum for India-Pacific Islands Cooperation (FIPIC) Summit was held in Port Moresby, Papua New Guinea on May 22, 2023. The summit was co-chaired by Prime Minister Narendra Modi of India and Prime Minister James Marape of Papua New Guinea.

The FIPIC is a forum for dialogue and cooperation between India and the 14 Pacific Island Countries (PICs). The forum was established in 2014 with the aim of strengthening economic, political, and cultural ties between India and the PICs.

The third FIPIC summit was attended by leaders from all 14 PICs. The leaders discussed a wide range of issues, including trade and investment, climate change, and security.

The summit was a success in terms of strengthening ties between India and the PICs. The leaders agreed to work together on a number of areas, including:

• Trade and investment: The leaders agreed to establish a Joint Working Group on Trade and Investment to explore ways to increase trade and investment between India and the PICs.

• Climate change: The leaders agreed to work together to address the challenges of climate change. India has pledged to provide $1 billion over five years to help the PICs adapt to the effects of climate change.

• Security: The leaders agreed to work together to strengthen security cooperation in the region. India has offered to provide training and capacity building to the PICs' security forces.

The third FIPIC summit was a positive step in strengthening ties between India and the PICs. The leaders' commitment to work together on a range of issues will help to promote peace, prosperity, and security in the region.

In addition to the leaders' discussions, the summit also included a number of other events, including:

• A business forum: The business forum was attended by representatives from businesses from India and the PICs. The forum discussed ways to increase trade and investment between the two regions.
• A cultural festival: The cultural festival showcased the rich cultures of India and the PICs. The festival included performances, exhibitions, and food stalls.
• A youth summit: The youth summit was attended by young people from India and the PICs. The summit discussed the challenges and opportunities facing young people in the region.

The third FIPIC summit was a successful event that helped to strengthen ties between India and the PICs. The leaders' commitment to work together on a range of issues will help to promote peace, prosperity, and security in the region.

Here are some of the key outcomes of the summit:

• The leaders agreed to establish a Joint Working Group on Trade and Investment to explore ways to increase trade and investment between India and the PICs.
• The leaders agreed to work together to address the challenges of climate change. India has pledged to provide $1 billion over five years to help the PICs adapt to the effects of climate change.
• The leaders agreed to work together to strengthen security cooperation in the region. India has offered to provide training and capacity building to the PICs' security forces.

The third FIPIC summit was a positive step in strengthening ties between India and the PICs. The leaders' commitment to work together on a range of issues will help to promote peace, prosperity, and security in the region.